Time to Support Tenant Opportunity to Purchase (TOPA) in Berkeley
For years, EBCOHO members have asked us how they can buy property and create affordable cohousing and cooperative communities here in Berkeley and Oakland.
Well, the time has come --- both cities are considering a new Tenant Opportunity to Purchase Act (TOPA) which will make that more possible than any time in the last 25 years! TOPA means tenants will get notice from landlords before their building goes on the market, and can band together to make an offer, or designate a community partner to negotiate on their behalf -- and then be eligible for public funds.
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